Daily Newsletter: Rates Eerily Calm Ahead of Fed Week; PMI Resurgence Could Force FHA to Cut Premiums

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30 Year Fixed 3.47%   +0.00 15 Year Fixed 2.82%   +0.00 10YR Treasury 1.69%   -0.0103 FNMA 30YR 3.5 105.27   +0.02 FNMA 15YR 2.5 104.69   -0.16 View Today's Rates

Friday September 16, 2016 Mortgage Rate Watch - 3:51PM Mortgage Rates Eerily Calm Ahead of Fed Week Mortgage Rates were unchanged again today, on average. Some lenders were modestly better than yesterday. Others were modestly worse. But all were fairly close. This is an eerie level ... MND NewsWire - 9:52AM Resurgence of PMI Could Force FHA to Cut Premiums In last month's Housing Finance Chartbook the Urban Institute showed how a recent surge in issuance of private mortgage insurance (PMI) had come at the expense of the Federal Housing ... Pipeline Press - 9:47AM Free HMDA Data Dashboard; Prison for Mortgage-Related Crime; FHA, Ginnie, and Servicing Updates Free data is available on nearly 95% of mortgage originations nationwide thanks to the Home Mortgage Disclosure Act (HMDA). While the raw data is available to the public, Richey May ... MBS Commentary - 9:26AM MBS Day Ahead: Revisiting 2016's Dominant Trends With the most recent spike in rates, 10yr yields have returned to 2016's dominant trend-lines for an interesting bounce (or "stall," depending on how things shake out). The trend-lines ... Lenders Anticipate Higher Profits, Less Drag from Compliance Costs Q2 Price Gains Rescue Half Million Underwater Homes Latest Video Santelli Exchange: Equity weakness & drop in yields Paulsen: I'd love to see the Fed hike rates Santelli: CPI data took a toll More News from 'Around the Web' www.realtor.com - 4:51PM The Smart Home Features That Are Really Taking Off CNBC - 4:50PM How the Wells Fargo case will impact the broader industry Reuters - 2:50PM U.S. House committee to hold hearing on Wells Fargo sales practices Calculated Risk Blog - 2:47PM Mortgage Equity Withdrawal Slightly Positive in Q2 Calculated Risk Blog - 1:23PM Fed's Flow of Funds: Household Net Worth increased in Q2 CNBC - 1:23PM Look for house price bumps in these metros www.realtor.com - 11:31AM U.S. Households Make Long-Awaited Gains in Housing Recovery Reuters - 10:56AM Lively debate and 'hawkish hold' seen from Fed CNBC - 10:09AM Consumer sentiment steady in September eyeonhousing.org - 9:37AM Friday Poll: Labor or Lots www.bkfs.com - 9:37AM Black Knight Financial Services Introduces Tax for Loan Estimation to Help Lenders and Real Estate Professionals Quickly and Accurately Estimate Property Taxes CNBC - 9:37AM Rising rents, health care costs boost US consumer prices CNBC - 8:18AM Real estate funds just clocked their best week of inflows ever Reuters - 8:17AM Deutsche Bank says U.S. DoJ asks it to pay $14 billion to settle mortgages case Today's Rates Best Execution Rate Change 30 Yr FRM 3.47% +0.00 15 Yr FRM 2.82% +0.00 FHA 30 Year Fixed 3.30% +0.00 Jumbo 30 Year Fixed 3.62% +0.00 5/1 Yr ARM 2.86% +0.00 Current Mortgage Rates » What are best-execution rates? Average Mortgage Rates Rate Points Change FHFA * 15 Yr. Fixed 3.37% 1.26 -0.14 30 Yr. Fixed 3.95% 1.30 -0.16 MBA ** 30 Yr. Fixed 3.82% 0.34 -0.05 15 Yr. Fixed 3.06% 0.33 -0.07 30 Yr. Jumbo 3.74% 0.31 -0.05 30 Yr. FHA 3.64% 0.25 -0.05 5/1 ARM 2.93% 0.22 +0.02 Freddie Mac ** 30 Yr. Fixed 3.50% 0.50 +0.06 15 Yr. Fixed 2.77% 0.50 +0.01 1 Yr. ARM 2.68% 0.20 +0.01 5/1 Yr. ARM 2.82% 0.40 +0.01 Current Mortgage Rates » * FHFA averages are updated monthly. ** Mortgage Bankers Association (each Wednesday) and Freddie Mac (each Thursday) averages are updated weekly. Secondary Markets MBS Price Change 30YR FNMA 3.0 103.50 +0.06 30YR FNMA 3.5 105.27 +0.02 30YR GNMA 3.0 104.47 +0.06 30YR GNMA 3.5 106.16 -0.02 15YR FNMA 3.0 104.69 -0.16 15YR FNMA 2.5 103.25 -0.17 Treasuries Yield Change 2 YR 0.7702% +0.0364 5 YR 1.1984% +0.0148 10 YR 1.6891% -0.0103 30 YR 2.4376% -0.0304 Prices as of: 9/16/2016 4:30PM EST Current MBS / Treasury Prices » MBS and Treasury data provided by Thomson Reuters. Mortgage News Daily and MBS Live! are exclusive re-distributors of Real Time Thomson Reuters Mortgage Information. Secondary Marketing Managers: If you are interested in gaining access to the most accurate real-time back-month TBA indications from Thomson Reuters and Tradeweb. Request More Information

This information is not an advertisement to extend consumer credit as defined by Section 226.2 of Regulation Z. This is not an offer to enter into an agreement regarding interest rates. The rates quoted do not include discount points, origination points, or loan level risk based price adjustments. Rates and terms are subject to change without notice. © 2016 Brown House Media, Inc. All rights reserved. Brown House Media Inc. - 19706 One Norman Blvd - Cornelius, NC 28031

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